“Although it will be set in the worldwide community of witches and wizards where I was so happy for seventeen years, Fantastic Beasts and Where to Find Them is neither a prequel nor a sequel to the Harry Potter series, but an extension of the wizarding world,” author J.K. Rowling said in a news release. “The laws and customs of the hidden magical society will be familiar to anyone who has read the Harry Potter books or seen the films, but Newt’s story will start in New York, seventy years before Harry’s gets underway.”

Rowling will be writing the screenplay, which will be her first. No word yet on when it’ll be released, but for the love of Pete, let’s hope it’s not Summer 2015.